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(5)Which of the following is included in the measure of M1? A.NOW accounts. B.Demand deposits. C.Currency. D.Savings deposits. 3,Short Answer Questions (1)Brazil,a country that was undergoing a rapid infla-tion before 1994,many transactions were conducted in dollars rather than in reals,the domestic currency.Why? (2)What factors have slowed down the movement to a system where all payments are made electronically? (3)What factors have slowed down the movement to a system where all payments are made electronically? 33 (5) Which of the following is included in the measure of M1? A. NOW accounts. B. Demand deposits. C. Currency. D. Savings deposits. 3、Short Answer Questions (1) Brazil, a country that was undergoing a rapid infla- tion before 1994, many transactions were conducted in dollars rather than in reals, the domestic currency. Why? (2) What factors have slowed down the movement to a system where all payments are made electronically? (3) What factors have slowed down the movement to a system where all payments are made electronically?
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